Eastern Asia: Coloured Pencil Lead Market 2024

Coloured Pencil Lead Market Size in Eastern Asia

The East Asian coloured pencil lead market contracted to $X in 2022, declining by X% against the previous year. Overall, consumption saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Coloured Pencil Lead Production in Eastern Asia

In value terms, coloured pencil lead production shrank slightly to $X in 2022 estimated in export price. In general, production saw a noticeable contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Coloured Pencil Lead Exports

Exports in Eastern Asia

In 2022, shipments abroad of black or coloured pencil leads increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2014 with an increase of X%. The volume of export peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, coloured pencil lead exports skyrocketed to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

China dominates exports structure, reaching X units, which was near X% of total exports in 2022. It was distantly followed by Japan (X units), constituting a X% share of total exports. South Korea (X units) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to coloured pencil lead exports from China stood at X%. At the same time, Japan (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, South Korea (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and Japan increased by X and X percentage points, respectively.

In value terms, China ($X) remains the largest coloured pencil lead supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports.

In China, coloured pencil lead exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and South Korea (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the export price increased by X%. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the export price figures.

Coloured Pencil Lead Imports

Imports in Eastern Asia

Coloured pencil lead imports contracted to X units in 2022, with a decrease of X% on the previous year's figure. Overall, imports recorded a slight downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, coloured pencil lead imports declined dramatically to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then fell dramatically in the following year.

Imports by Country

Japan represented the largest importer of black or coloured pencil leads in Eastern Asia, with the volume of imports amounting to X units, which was near X% of total imports in 2022. It was distantly followed by China (X units), Taiwan (Chinese) (X units) and South Korea (X units), together generating a X% share of total imports. The following importers - Democratic People's Republic of Korea (X units) and Hong Kong SAR (X units) - each resulted at an X% share of total imports.

Japan experienced a relatively flat trend pattern with regard to volume of imports of black or coloured pencil leads. At the same time, Democratic People's Republic of Korea (X%) and China (X%) displayed positive paces of growth. Moreover, Democratic People's Republic of Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. South Korea experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Japan and Democratic People's Republic of Korea increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, South Korea, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 an increase of X%. The level of import peaked at $X per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while Democratic People's Republic of Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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